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Global Mobility Insights NEWSLETTER Frühling / Spring 2024

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<strong>Global</strong> <strong>Mobility</strong> <strong>Insights</strong> - <strong>Frühling</strong> / <strong>Spring</strong> <strong>2024</strong><br />

Brazil: International employment assignments and<br />

trending topics<br />

Immigration<br />

Author: André Blotta Laza, Partner, Champs Law<br />

1. Introduction<br />

Reports from local rating agencies have just been released indicating that Brazil<br />

ascended to the 9th world’s largest economy position in the end of 2023 after a<br />

period of fast GDP increase and internal market heating, confirming the<br />

International Monetary Fund (IMF) forecast in such regard and the country’s<br />

leading economic position within the LATAM region.<br />

At times like this, the country tends to experience international investments’<br />

enhancement, which is usually followed by local economic activities’ increase<br />

conducted by global conglomerates, mainly from Europe, China and the US<br />

interested in good investment opportunities.<br />

Companies doing business in Brazil, however, are subject to complex labour,<br />

employment, union, and immigration legal provisions, sometimes dealing with<br />

excessive bureaucracy and authorities who may enlarge law interpretation against<br />

them, affecting the contractual imbalance between employers and employees.<br />

In this case, there might be challenges to expat workforce from branches headquartered<br />

in Brazil and abroad.<br />

On the other hand, the federal government has remodelled visa requirements (first<br />

stablished in the 80’s) enabling companies to conduct expat and global mobility<br />

programs more easily.<br />

This article, therefore, aims at highlighting most common challenges companies<br />

are subject to when (i) expating Brazilian employees to work abroad and (ii)<br />

assigning workforce to Brazil.<br />

In addition, a sum-up table of visa requirements is also reproduced in the end of<br />

the text for easy consultation.<br />

38<br />

convinus.com

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